NEWS DESK | Thirty-three states in the U.S. have legalized Cannabis for medical purposes. Israel is just now opening up, easing its restrictions on medical marijuana in a number of ways. Our Batya Levinthal has the story.
Story:
The government on Sunday approved the Cannabis Medical Export Program and accepted the recommendations of the inter-ministerial committee that was tasked with examining the feasibility of exporting cannabis to countries that permit it.
The Ministry of Finance and the Ministry of Public Security reached an agreement that saw Israel Police allocated a budget that will grow with the cannabis production over the coming years in order to help regulate the industry.
The law originally passed at the end of the year conditions growing cannabis on a health ministry license, granting police the power to approve and monitor growers as well as investors.
The proposal came to the cabinet after a delay of a year and a half and lengthy negotiations between the Ministries of Finance, Health, Internal Security, Agriculture, Economics and Justice.
Minister of Agriculture Ariel said that 'the export authorization for medical cannabis is a historic message to the farmers of Israel, the young farmers, the patients and the Israeli economy.'
The medical cannabis export market is expected to be a big boon to the economy, with estimates of roughly a billion shekels ($265 million, 234 million euros) per year in income for the state. The government's decision emphasizes that it is still illegal to export growing materials (such as plants themselves, seeds, cuttings, etc.).
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NEWS DESK |
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